Kian Capital Transaction Announcement — Colorado Quality Products

Kian Capital invested $10 million in the form of subordinated debt and common equity to support the acquisition of a turnkey formulator and manufacturer of private label high-end skin and hair care products (the "Company").

The Company primarily serves spas, hotel and resort amenities, and organic skin care markets. Production capabilities include certified organic products, anti-aging products, cleansers, creams and lotions, hair products, serums and gels, and toners. The Company's ability to formulate to exact specifications and provide its customers full production capabilities creates a significant value proposition to its leading customer base serving niche end markets.

In support of the acquisition, Kian partnered with experienced investment professionals that, as a part of the transaction, will join the Company's executive management team on a day to day basis. The founder of the business will stay involved in a key executive role going forward. The CEO commented, "Our strategy was to align ourselves with a capital provider with a partnership orientation that could understand and support our strategic vision for the Company. We are excited to have Kian as a partner as we execute on our plan and growth initiatives."

"The Company's ability to both formulate and manufacture products on behalf of its longstanding blue-chip customer base uniquely positions it for significant growth in a large, fragmented and growing marketplace. We are excited to support the Company's management team as it capitalizes on this next chapter of growth opportunities," said Kevin McCarthy, Partner of Kian.